After Opposition noise, Ajit Singh says no intention to privatise Air India

October 7, 2013

New Delhi, Oct 7: Under attack from the Opposition, including the Left, for his remarks that Government was ready to privatise Air India, Civil Aviation Minister Ajit Singh today backtracked saying it has "no intention" to do so.

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"This government has no intention to privatise Air India. After this package of Rs 32,000 crore, the government will not give any more money. Air India will have to fend for itself," Singh told NDTV.

While noting that it is very difficult for the government to run a service industry, Singh also said that employees and the management of Air India will have to understand that aviation is a very competitive market.

"The margins are thin and it's a capital intensive industry," the minister said.

The change of stand by the Union Minister came amid mounting pressure by the Opposition parties, which took strong objection to his earlier remark and accused him of selling public asset without bringing a civil aviation policy.

Warning the Minister against making any "off-the-cuff" remark, senior BJP leader Ravi Shankar Prasad said there must be a proper discussion on the issue.

"It is a serious and sensitive issue. There must be proper discussion within the government first and thereafter the views of the opposition needs to be taken," he told reporters here when asked to comment on Singh's remarks.

Asking the government not to take a "disastrous move" which will go against national interest, senior CPI leader D Raja said the government had promised to bring a civil aviation policy but did not do it in so many years.

"It is undertaking privatisation in bits and pieces without taking Parliament into confidence.

"While equity was not being infused in AI in accordance with the turn around plan, Airports Authority of India (AAI) was also being systematically undermined. This is a conscious effort to dismantle both these public sector undertakings," the CPI National Secretary said.

Raja said it was also "atrocious" that six airports including Kolkata and Chennai were being privatised soon after AAI has spent rupees thousands of crores of public money to modernise and upgrade them.

Maintaining that general elections were on the anvil, he said these decisions should be taken by the new government after the elections.

"What moral right Ajit Singh has to take such decisions on behalf of the next government," he posed.

Noting that the government had released Rs 5,000 crore instead of the earmarked Rs 8,745 crore to Air India in the last fiscal, Raja said the remaining amount was not given.

"Even the amount allotted for this financial year has not been released," he said.

Observing that privatisation was not a panacea for all evils, he said Kingfisher Airlines has shut down and there were several other private airlines which had closed shop in the early 90s.

He said private airlines also owe enormous dues to AAI.

CPI(M) MP Tapan Sen accused the government of performing "anti-national activities" by considering privatisation of Air India. "The UPA government is politically inclined to sell the country," he charged.

After spending over Rs 5,000 crore to modernise some 40 airports, it is handing over the management of these airports to private parties on a revenue sharing basis.

So, by making any investment the private parties will earn profits and the government will get only a part of the revenue after spending so much money.

On AI, he said government was going in the same direction. First, you make it bleed and then you sell it off saying it is not performing, he said.

Both Raja and Sen said they will oppose such moves tooth and nail.

Denouncing the Civil Aviation Minister's statement, CPI(M)-affiliated trade union Centre of Indian Trade Union reminded him that Air India belonged to the nation and was not the property of council of ministers.

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Agencies
February 18,2020

Mumbai, Feb 18: A group of citizens on Tuesday demanded a thorough inquiry into the death of special CBI judge Brijgopal Harkishan Loya in 2014.

The group has written a letter to Maharashtra Chief Minister Uddhav Thackeray, seeking a time-bound probe into the death of Loya.

Loya, who was hearing the high-profile Sohrabuddin Sheikh fake encounter case of Gujarat, died of a cardiac arrest in Nagpur on December 1, 2014, when he had gone to attend the wedding of a colleague's daughter.

Social activist Ashok Pai, addressing a press conference on behalf of the group, also demanded proper compensation for the judge's family, saying he was on an "official" tour.

Pai said on Tuesday he met NCP president Sharad Pawar, whose party is a key constituent of the Maha Vikas Aghadi (MVA) government in Maharashtra, and raised these demands with him.

Pawar assured to look into the demands, he said at the press conference at the Mumbai Marathi Patrakar Sangh.

"We have handed over a letter to Maharashtra Assembly speaker Nana Patole and dispatched a copy of the letter to Chief Minister Uddhav Thackeray (seeking a probe into Loya's death)," Pai said.

As the matter relates to "mysterious" death of a sitting judge of the CBI, all facts about it must be made public after a detailed and time-bound probe, Pai said.

The Loya death case had reached the Supreme Court.

The Supreme Court had held that Loya had died of "natural causes" and had rejected PILs seeking an SIT probe into the death, questioning their motive.

The SC had held that petitions were moved by political rivals to settle scores which was a serious attempt to scandalise the judiciary and obstruct the course of justice through a "frontal attack" on its independence.

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News Network
March 28,2020

Mumbai, Mar 28: Doctors in Mumbai have not been spared by the novel coronavirus. As Mumbai’s count for Covid-19 cases went up to 58, an octogenarian doctor from Saifee Hospital passed away on Friday. He was a suspected case of coronavirus with co-morbid conditions like diabetes and had a pacemaker implanted, said a press release from the state health department.

As per a statement from Saifee Hospital, he underwent a CT scan at Saifee Hospital and was diagnosed positive for Covid-19. The surgeon was transferred to the special isolation facility at PD Hinduja Hospital where he subsequently died. Behranwala’s close relatives had come down from England and were under quarantine.

In a statement, Saifee Hospital, where Behranwala underwent CT scan, said, "All containment and surveillance measures have been implemented to ensure the safety of our staff patients and visitors. Saifee Hospital reiterates that the Hospital is fully operational," said Dr Vernon Desa, Director (Medical governance and clinical compliance) Saifee Hospital.

In the second case, an Andheri-based doctor, aged 53, has been tested positive along with his 43-year-old wife and 20-year-old daughter. The family doesn’t have a travel history. The doctor reportedly came in contact with the virus through a patient. MCGM has taken samples of 60 patients who came in contact with the doctor. "As of now, no patient from his contact has tested positive," Assistant Commissioner, Vishwas Mote.

Another doctor who practiced at Vakola tested positive after he came in contact with a person having travel history to Italy, later tested positive. The doctor has been admitted at Raheja hospital and samples of his close contact have been taken.

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News Network
March 29,2020

New Delhi, Mar 29 : Notwithstanding the 21-day coronavirus lockdown, the Reserve Bank of India (RBI) has decided to go ahead with the merger plan of ten state-run banks into four larger bank from April 1. The apex bank has issued four separate releases announcing that the branches of merging banks will operate as of the banks in which these have been amalgamated from next month.

RBI's statement comes after Finance Minister Nirmala Sitharaman's clarification on Thursday that the mega bank consolidation plan was very much on track and would take effect from April 1.

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan to create bigger size stronger banks in the public sector.

Bank officers' unions, however, earlier this week wrote to the prime minister seeking to defer the merger schemes of lenders due to the lockdown triggered by coronavirus outbreak.

As per the scheme, Oriental Bank of Commerce and United Bank of India will be merged into Punjab National Bank; Syndicate Bank into Canara Bank; Allahabad Bank into Indian Bank; and Andhra and Corporation banks into Union Bank of India.

Under this, the branches of Oriental Bank of Commerce and United Bank of India will operate as branches of Punjab National Bank from April 1, 2020, and branches of Syndicate Bank as that of Canara Bank, the RBI said in a separate releases.

Allahabad Bank branches will operate as those of Indian Bank while the branches of Andhra Bank and Corporation Bank will function as the branches of Union Bank of India from the beginning of next fiscal year 2020-21, the RBI said.

"The Amalgamation of Oriental Bank of Commerce and United Bank of India into Punjab National Bank Scheme, 2020 dated March 4, 2020, issued by the Government of India... The scheme comes into force on the 1st day of April 2020," RBI said.

Customers, including depositors of merging banks will be treated as customers of the banks in which these banks have been merged with effect from April 1, 2020, the RBI noted.

Banking services across the country are impacted due to the effect of COVID-19 as a near shut down is being observed across the country.

In a letter written to the Prime Minister on March 25, the All India Bank Officers'' Confederation (AIBOC) said, "The finance minister yesterday announced a slew of measures in view of the deleterious effect of the contagion. We are also expecting an extension of closing related activities and the revision of the closing date itself from March 31 to June 30, which is the need of the hour."

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